Hyperliquid Liquidation Price Calculator

Hyperliquid prices liquidation off a maintenance margin that depends on the asset, not on a single exchange-wide rate. For BTC the maximum leverage is 40×, so the rule in the docs works out to a maintenance margin of 1.25% of position value, and to 2.5% above 150,000,000 USDC of position value.

The liquidation price in the docs is a closed formula that takes the maintenance margin on the position value at the liquidation price. This calculator uses the same form, so the two give the same price for the same rate; the example below is an 80,000 entry.

Treat the number here as the isolated price for one position. On Hyperliquid a cross account is tested on the whole account value, so other open positions move the real trigger.

Hyperliquid maintenance margin for BTC

Hyperliquid does not publish a rate per tier. Its docs say the maintenance margin is half of the initial margin at the asset’s maximum leverage, and the public meta endpoint gives BTC a table with 40× up to 150,000,000 USDC of position value and 20× above it. The rates below are derived from that rule (1 ÷ (2 × max leverage)), not copied from a table. Read on 2026-10-30.

Prices in the last two columns are the calculator’s own result for a 10× position opened at $80,000.00 with that row’s maintenance margin rate: long = entry × (1 − 1/10) / (1 − rate), short = entry × (1 + 1/10) / (1 + rate). Only two BTC tiers exist, so for ordinary sizes the 1.25% row is the one that applies. The fee section below quotes Hyperliquid's venue-wide top leverage; this contract allows 40×.

How Hyperliquid liquidates a position

The docs describe a book-first sequence: the position is first sent to the order book as market orders. If that does not work and equity falls below two thirds of the maintenance margin, a backstop liquidation hands the position to the liquidator vault.

For positions above 100,000 USDC only 20% is sent to the book as a market liquidation order, and after a partial liquidation there is a 30 second cooldown during which market liquidation orders cover the whole position.

In a backstop liquidation under cross margin all cross positions and cross margin move to the liquidator; under isolated margin only that position and its margin do. The maintenance margin is not returned to the trader in a backstop liquidation.

Where this calculator and Hyperliquid differ

• The maintenance margin rate is derived from the asset’s maximum leverage as described above; this calculator takes it as an input and does not look up the tier of your position size.
• The page does not name a default margin mode, so this guide does not name one.

Sources, read on 2026-10-30: Hyperliquid docs: liquidations · Hyperliquid docs: margin tiers · Hyperliquid info API (POST type meta, field marginTables)

Hyperliquid fee structure

Hyperliquid charges maker fee −0.01% (rebate) and taker fee 0.035% on perpetual futures. Maximum available leverage is 50×. This calculator pre-fills these defaults so you get accurate results without needing to look up the fee schedule. If you are on a VIP tier with discounted fees, adjust the fee fields accordingly.

Maker orders (limit orders that add liquidity) cost less than taker orders (market orders that remove liquidity). On Hyperliquid, using limit orders for both entry and exit can reduce your total fee cost significantly compared to market orders.